I was talking to my supervisor a few weeks ago and he mentioned that he wanted to get a new car and was planning on selling his 2005 Mustang convertible. He got the car because it was cheap (it's rebuilt and has some sun damage on the paint) and wanted to get a nicer car. I've never really wanted a car but I liked his Mustang and I trust him, so I offered to buy it from him.
He showed me everything that was wrong with it (all minor stuff, it runs fine) and offered to sell it to me for $6500. I agreed, but I've never taken out a loan or established credit of any kind before (I would have preferred to pay cash but I didn't have enough and I wasn't about to ask him to wait while I saved up), so he helped me set up a loan. Everything went smooth and now the car is mine. I plan to pay well above the minimum payments on my loan and get it payed off ASAP; I have a horrible interest rate because of my lack of credit, but I have nothing else important to spend money on anyways.
So yeah, behold, my first car.